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Thursday, 21 June 2012

Jimmy Carr vs David Cameron in the Tax Hypocrisy stakes

In June 2012 it was revealed that the comedian Jimmy Carr had been using an elaborate tax avoidance scheme called K2 to avoid paying tax on income of at least £3.3 million. His critics were keen to point out the hypocrisy of having attacked the dodgy tax practicesat Barclays bank on the 10 O'clock Live show whilst simultaneously filtering his own income through an elaborate tax dodging scheme.

WARNING - Video is far from funny, simply embedded as an example of Jimmy's hypocrisy.

Jimmy Carr may be an absolute hypocrite for attacking the Barclays tax dodging scam whilst simultaneously engaging in his own tax dodging activity, but the UK Prime Minister David Cameron is already outdoing him in the hypocrisy stakes by describing Jimmy Carr's tax arrangements as "very dodgy" and "morally wrong".

After the publicity storm and Cameron's critical comments Jimmy Carr was quick to quit the K2 tax dodging scheme and make a public apology which read "I’m no longer involved in it and will in future conduct my financial affairs much more responsibly. Apologies to everyone. Jimmy Carr". Given David Cameron's new found opposition to tax dodging, I'm sure everyone will expect David Cameron to tear up any proposed legislation which included input from tax dodging companies, to publicly apologise for receiving a large inheritance from his father's "dodgy" tax avoidance empire and to publicly explain to big Tory donors and celebrity supporters like Michael Ashcroft and Gary Barlow that he and the Tory party want nothing more to do with them since they are morally repugnant tax avoiding bastards.